SPDR S&P Global Infrastructure ETF (NYSEARCA:GII – Get Free Report)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $75.51 and traded as low as $73.67. SPDR S&P Global Infrastructure ETF shares last traded at $73.96, with a volume of 51,836 shares changing hands.
SPDR S&P Global Infrastructure ETF Price Performance
The company has a market cap of $917.97 million, a P/E ratio of 20.11 and a beta of 0.61. The stock has a 50-day moving average of $75.45 and a 200 day moving average of $75.99.
Institutional Trading of SPDR S&P Global Infrastructure ETF
Institutional investors and hedge funds have recently made changes to their positions in the company. Marshall Wace LLP acquired a new stake in shares of SPDR S&P Global Infrastructure ETF in the 2nd quarter valued at $1,089,000. JPMorgan Chase & Co. grew its position in SPDR S&P Global Infrastructure ETF by 775.1% in the third quarter. JPMorgan Chase & Co. now owns 10,046 shares of the company’s stock valued at $699,000 after acquiring an additional 8,898 shares during the last quarter. Jones Financial Companies Lllp grew its position in SPDR S&P Global Infrastructure ETF by 174.1% in the first quarter. Jones Financial Companies Lllp now owns 11,706 shares of the company’s stock valued at $726,000 after acquiring an additional 7,435 shares during the last quarter. Parallel Advisors LLC raised its stake in SPDR S&P Global Infrastructure ETF by 168.7% during the fourth quarter. Parallel Advisors LLC now owns 806 shares of the company’s stock worth $56,000 after acquiring an additional 506 shares in the last quarter. Finally, Copia Wealth Management raised its stake in SPDR S&P Global Infrastructure ETF by 18.5% during the fourth quarter. Copia Wealth Management now owns 1,012 shares of the company’s stock worth $71,000 after acquiring an additional 158 shares in the last quarter.
About SPDR S&P Global Infrastructure ETF
SPDR S&P Global Infrastructure ETF (the Fund), formerly SPDR FTSE/Macquarie Global Infrastructure 100 ETF, seeks to replicate as closely as possible the total return performance of the Macquarie Global Infrastructure 100 Index (the Index). The Index, calculated by FTSE, is designed to reflect the stock performance of companies within the infrastructure industry, principally those engaged in management, ownership and operation of infrastructure and utility assets. The Index is a composite of the Macquarie Global Infrastructure Index (MGII), which is based on 255 stocks in the FTSE Global Equity Index Series.
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